Banking Sector Competition in Russia
The Russian banking sector includes approximately 1,000 banks, but is it competitive? This paper analyzes bank competition in Russia during 2002-2008. The authors examine indicators of concentration and contestability, and compute non-structural me...
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| Format: | Policy Research Working Paper |
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2012
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| Online Access: | http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20101019133226 http://hdl.handle.net/10986/3932 |
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okr-10986-39322021-04-23T14:02:13Z Banking Sector Competition in Russia Anzoategui, Diego Martinez Peria, Maria Soledad Melecky, Martin ACCESS TO FINANCE ASSET MANAGEMENT AUCTIONS BALANCE SHEET BANK ASSETS BANK COMPETITION BANK FAILURES BANK INSOLVENCY BANK LICENSING BANK MANAGEMENT BANK MERGERS BANK OF CANADA BANK REGULATION BANK REGULATIONS BANK REHABILITATION BANK SUPERVISION BANKING INDUSTRY BANKING LAW BANKING SECTOR BANKING SUPERVISION BANKING SYSTEM BANKRUPTCY BANKS BARRIER BARRIER TO ENTRY BARRIERS TO ENTRY BUDGETARY SUPPORT BUSINESS LENDING CAPITAL FLIGHT CAPITAL MARKETS CAPITAL REQUIREMENT CAPITAL REQUIREMENTS COLLATERAL COMMERCIAL BANKING CONSOLIDATED SUPERVISION CONSOLIDATION COST OF CAPITAL COUNTRY COMPARISON COUNTRY COMPARISONS CREDIT COOPERATIVES CREDIT INSTITUTION CREDIT INSTITUTIONS CREDITORS DEPOSIT DEPOSIT INSURANCE DEPOSITORS DEPOSITS DEVELOPING COUNTRIES DISTRESSED BANKS DISTRIBUTION OF DIVIDENDS DOMESTIC BANKS ECONOMICS EMERGING ECONOMIES EMERGING MARKET EMERGING MARKETS EMPIRICAL ANALYSIS EMU EQUITY CAPITAL EUROPEAN CENTRAL BANK FAIR VALUE FEDERAL RESERVE FEDERAL RESERVE BANK FINANCIAL ASSISTANCE FINANCIAL COSTS FINANCIAL CRISES FINANCIAL CRISIS FINANCIAL FRAGILITY FINANCIAL INFORMATION FINANCIAL INSTITUTION FINANCIAL MARKETS FINANCIAL PRODUCTS FINANCIAL SECTOR FINANCIAL SERVICES FINANCIAL STABILITY FINANCIAL SUPPORT FINANCIAL SYSTEM FINANCING NEEDS FOREIGN BANK FOREIGN BANKS FOREIGN EXCHANGE FOREIGN OWNERSHIP GROSS REVENUES GROUP OF BANKS INPUT PRICE INPUT PRICES INSOLVENT BANKS INSURANCE AGENCY INSURED DEPOSITS INTEREST EXPENSES INTEREST INCOME INTERNATIONAL BANK INTERNATIONAL FINANCIAL MARKETS LEGAL REQUIREMENTS LIQUIDATION LIQUIDITY MACROECONOMIC CONDITIONS MARGINAL COST MARGINAL COSTS MARKET STRUCTURE MARKET TRANSPARENCY MONEY LAUNDERING MONEY MARKET MONOPOLY OUTPUT OUTPUTS OWNERSHIP RIGHTS PERSONNEL EXPENSES POTENTIAL INVESTORS PRIVATE BANKS PRIVATE SECTOR DEVELOPMENT PROBLEM BANKS PRUDENTIAL REGULATION PRUDENTIAL REGULATION AND SUPERVISION PRUDENTIAL REGULATIONS RATES OF INTEREST REGIONAL BANKS RESERVE BANK OF INDIA RETURN ON ASSETS RIGHTS OF SHAREHOLDERS SAVINGS SAVINGS BANKS SECURITIES SHARE OF ASSETS SHAREHOLDER SHAREHOLDER RIGHTS SHAREHOLDERS SOLVENCY SUBSIDIARY SUNSET CLAUSE SUPERVISORY FRAMEWORK TAX TAX RETURN TREASURIES UNION The Russian banking sector includes approximately 1,000 banks, but is it competitive? This paper analyzes bank competition in Russia during 2002-2008. The authors examine indicators of concentration and contestability, and compute non-structural measures of competition. They compare competition in Russia to that in Brazil, China, and India, and contrast competition across different groups of banks within Russia. Contestability in Russia is obstructed by uneven supervisory practices and an unclear exit process. Non-structural measures reveal that banks in Russia are less competitive than those in Brazil. Within Russia, large banks and state-owned banks exert more market power than the smaller and privately-owned institutions. Finally, business-oriented banks are more competitive than those concentrating on lending to individuals. 2012-03-19T18:42:24Z 2012-03-19T18:42:24Z 2010-10-01 http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20101019133226 http://hdl.handle.net/10986/3932 English Policy Research working paper ; no. WPS 5449 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Publications & Research :: Policy Research Working Paper Europe and Central Asia Europe and Central Asia Europe Eastern Europe Commonwealth of Independent States Asia Russian Federation |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ACCESS TO FINANCE ASSET MANAGEMENT AUCTIONS BALANCE SHEET BANK ASSETS BANK COMPETITION BANK FAILURES BANK INSOLVENCY BANK LICENSING BANK MANAGEMENT BANK MERGERS BANK OF CANADA BANK REGULATION BANK REGULATIONS BANK REHABILITATION BANK SUPERVISION BANKING INDUSTRY BANKING LAW BANKING SECTOR BANKING SUPERVISION BANKING SYSTEM BANKRUPTCY BANKS BARRIER BARRIER TO ENTRY BARRIERS TO ENTRY BUDGETARY SUPPORT BUSINESS LENDING CAPITAL FLIGHT CAPITAL MARKETS CAPITAL REQUIREMENT CAPITAL REQUIREMENTS COLLATERAL COMMERCIAL BANKING CONSOLIDATED SUPERVISION CONSOLIDATION COST OF CAPITAL COUNTRY COMPARISON COUNTRY COMPARISONS CREDIT COOPERATIVES CREDIT INSTITUTION CREDIT INSTITUTIONS CREDITORS DEPOSIT DEPOSIT INSURANCE DEPOSITORS DEPOSITS DEVELOPING COUNTRIES DISTRESSED BANKS DISTRIBUTION OF DIVIDENDS DOMESTIC BANKS ECONOMICS EMERGING ECONOMIES EMERGING MARKET EMERGING MARKETS EMPIRICAL ANALYSIS EMU EQUITY CAPITAL EUROPEAN CENTRAL BANK FAIR VALUE FEDERAL RESERVE FEDERAL RESERVE BANK FINANCIAL ASSISTANCE FINANCIAL COSTS FINANCIAL CRISES FINANCIAL CRISIS FINANCIAL FRAGILITY FINANCIAL INFORMATION FINANCIAL INSTITUTION FINANCIAL MARKETS FINANCIAL PRODUCTS FINANCIAL SECTOR FINANCIAL SERVICES FINANCIAL STABILITY FINANCIAL SUPPORT FINANCIAL SYSTEM FINANCING NEEDS FOREIGN BANK FOREIGN BANKS FOREIGN EXCHANGE FOREIGN OWNERSHIP GROSS REVENUES GROUP OF BANKS INPUT PRICE INPUT PRICES INSOLVENT BANKS INSURANCE AGENCY INSURED DEPOSITS INTEREST EXPENSES INTEREST INCOME INTERNATIONAL BANK INTERNATIONAL FINANCIAL MARKETS LEGAL REQUIREMENTS LIQUIDATION LIQUIDITY MACROECONOMIC CONDITIONS MARGINAL COST MARGINAL COSTS MARKET STRUCTURE MARKET TRANSPARENCY MONEY LAUNDERING MONEY MARKET MONOPOLY OUTPUT OUTPUTS OWNERSHIP RIGHTS PERSONNEL EXPENSES POTENTIAL INVESTORS PRIVATE BANKS PRIVATE SECTOR DEVELOPMENT PROBLEM BANKS PRUDENTIAL REGULATION PRUDENTIAL REGULATION AND SUPERVISION PRUDENTIAL REGULATIONS RATES OF INTEREST REGIONAL BANKS RESERVE BANK OF INDIA RETURN ON ASSETS RIGHTS OF SHAREHOLDERS SAVINGS SAVINGS BANKS SECURITIES SHARE OF ASSETS SHAREHOLDER SHAREHOLDER RIGHTS SHAREHOLDERS SOLVENCY SUBSIDIARY SUNSET CLAUSE SUPERVISORY FRAMEWORK TAX TAX RETURN TREASURIES UNION |
| spellingShingle |
ACCESS TO FINANCE ASSET MANAGEMENT AUCTIONS BALANCE SHEET BANK ASSETS BANK COMPETITION BANK FAILURES BANK INSOLVENCY BANK LICENSING BANK MANAGEMENT BANK MERGERS BANK OF CANADA BANK REGULATION BANK REGULATIONS BANK REHABILITATION BANK SUPERVISION BANKING INDUSTRY BANKING LAW BANKING SECTOR BANKING SUPERVISION BANKING SYSTEM BANKRUPTCY BANKS BARRIER BARRIER TO ENTRY BARRIERS TO ENTRY BUDGETARY SUPPORT BUSINESS LENDING CAPITAL FLIGHT CAPITAL MARKETS CAPITAL REQUIREMENT CAPITAL REQUIREMENTS COLLATERAL COMMERCIAL BANKING CONSOLIDATED SUPERVISION CONSOLIDATION COST OF CAPITAL COUNTRY COMPARISON COUNTRY COMPARISONS CREDIT COOPERATIVES CREDIT INSTITUTION CREDIT INSTITUTIONS CREDITORS DEPOSIT DEPOSIT INSURANCE DEPOSITORS DEPOSITS DEVELOPING COUNTRIES DISTRESSED BANKS DISTRIBUTION OF DIVIDENDS DOMESTIC BANKS ECONOMICS EMERGING ECONOMIES EMERGING MARKET EMERGING MARKETS EMPIRICAL ANALYSIS EMU EQUITY CAPITAL EUROPEAN CENTRAL BANK FAIR VALUE FEDERAL RESERVE FEDERAL RESERVE BANK FINANCIAL ASSISTANCE FINANCIAL COSTS FINANCIAL CRISES FINANCIAL CRISIS FINANCIAL FRAGILITY FINANCIAL INFORMATION FINANCIAL INSTITUTION FINANCIAL MARKETS FINANCIAL PRODUCTS FINANCIAL SECTOR FINANCIAL SERVICES FINANCIAL STABILITY FINANCIAL SUPPORT FINANCIAL SYSTEM FINANCING NEEDS FOREIGN BANK FOREIGN BANKS FOREIGN EXCHANGE FOREIGN OWNERSHIP GROSS REVENUES GROUP OF BANKS INPUT PRICE INPUT PRICES INSOLVENT BANKS INSURANCE AGENCY INSURED DEPOSITS INTEREST EXPENSES INTEREST INCOME INTERNATIONAL BANK INTERNATIONAL FINANCIAL MARKETS LEGAL REQUIREMENTS LIQUIDATION LIQUIDITY MACROECONOMIC CONDITIONS MARGINAL COST MARGINAL COSTS MARKET STRUCTURE MARKET TRANSPARENCY MONEY LAUNDERING MONEY MARKET MONOPOLY OUTPUT OUTPUTS OWNERSHIP RIGHTS PERSONNEL EXPENSES POTENTIAL INVESTORS PRIVATE BANKS PRIVATE SECTOR DEVELOPMENT PROBLEM BANKS PRUDENTIAL REGULATION PRUDENTIAL REGULATION AND SUPERVISION PRUDENTIAL REGULATIONS RATES OF INTEREST REGIONAL BANKS RESERVE BANK OF INDIA RETURN ON ASSETS RIGHTS OF SHAREHOLDERS SAVINGS SAVINGS BANKS SECURITIES SHARE OF ASSETS SHAREHOLDER SHAREHOLDER RIGHTS SHAREHOLDERS SOLVENCY SUBSIDIARY SUNSET CLAUSE SUPERVISORY FRAMEWORK TAX TAX RETURN TREASURIES UNION Anzoategui, Diego Martinez Peria, Maria Soledad Melecky, Martin Banking Sector Competition in Russia |
| geographic_facet |
Europe and Central Asia Europe and Central Asia Europe Eastern Europe Commonwealth of Independent States Asia Russian Federation |
| relation |
Policy Research working paper ; no. WPS 5449 |
| description |
The Russian banking sector includes
approximately 1,000 banks, but is it competitive? This paper
analyzes bank competition in Russia during 2002-2008. The
authors examine indicators of concentration and
contestability, and compute non-structural measures of
competition. They compare competition in Russia to that in
Brazil, China, and India, and contrast competition across
different groups of banks within Russia. Contestability in
Russia is obstructed by uneven supervisory practices and an
unclear exit process. Non-structural measures reveal that
banks in Russia are less competitive than those in Brazil.
Within Russia, large banks and state-owned banks exert more
market power than the smaller and privately-owned
institutions. Finally, business-oriented banks are more
competitive than those concentrating on lending to individuals. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Anzoategui, Diego Martinez Peria, Maria Soledad Melecky, Martin |
| author_facet |
Anzoategui, Diego Martinez Peria, Maria Soledad Melecky, Martin |
| author_sort |
Anzoategui, Diego |
| title |
Banking Sector Competition in Russia |
| title_short |
Banking Sector Competition in Russia |
| title_full |
Banking Sector Competition in Russia |
| title_fullStr |
Banking Sector Competition in Russia |
| title_full_unstemmed |
Banking Sector Competition in Russia |
| title_sort |
banking sector competition in russia |
| publishDate |
2012 |
| url |
http://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20101019133226 http://hdl.handle.net/10986/3932 |
| _version_ |
1764389083825569792 |